Can I retire at age 35 with 711,000?

Use the below retirement simulation to view the chances of a successful retirement.
Confused? Try the simple retirement calculator
About Your Retirement ?
Current Age
Retirement Age
Current Savings $
Annual Deposits $
Annual Withdrawals $
Stock market crash:
Portfolio ?
% in Stocks:
% in Bonds:
% in Cash:
Modify Stock Returns:
0%
Modify Bond Returns:
0%
Modify Cash Returns:
0%
Modify Inflation:
0%
How much money do I need to retire?

This retirement calculator runs simulations based on past data from the S&P 500, 10 Year Treasury Bond, 3 month T-Bill, and US inflation. For each year of each simulation, a random return and inflation amount is chosen.

How to use: Enter your current age and the age when you retire. Then enter your current savings, the amount that you can save annually before you retire, and the amount that you plan to withdraw after retirement. Your annual deposits and withdrawals take inflation into account. For example, if you need $50,000 to live on in retirement using today's dollars, we will automatically take into account the cost of living for your retirement years. The same is true for your annual deposits. Next, decide if you'd like to simulate a stock market crash.

In the portfolio section, choose the makeup of your portfolio with stocks, bonds, and cash. Cash assumes that your money is stored in a savings account. You can then alter the future returns and inflation. For example, if the market has historically returned about 10%, but you think the future will be worse, modify the stock returns by -3%, and the future returns will average out to 7%. Investment fees can also lower stock market returns. Many index funds and ETFs offer extremely low fees and expenses.

Many people receive income in retirement, such as social security, pension plans, part time jobs, annuities, and other benefits. This would allow you to take out smaller distributions every year. Please note that taxes must also be considered, but are not used in this simulation. A 401k, Roth IRA, and Traditional IRA are taxed differently than a standard investment account, as are dividends.

Note: This assumes that the future is at least somewhat like the past. In reality, anything could happen. The Soviet Union collapsed, Japan's Nikkei Index is still well below its 1989 peak. Numerous other markets have changed drastically and never recovered. However, this online tool is helpful in retirement planning and estimating how much you might need for retirement, especially those hoping to retire early. We recommend receiving advice from a financial planner.

Want to retire with $711,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17%
1 years$58,714$58,191$57,680$57,182$56,696$55,080
2 years$29,066$28,525$28,000$27,492$26,998$25,382
3 years$19,185$18,641$18,118$17,614$17,129$15,564
4 years$14,245$13,703$13,185$12,690$12,216$10,715
5 years$11,282$10,744$10,232$9,747$9,287$7,852
6 years$9,308$8,773$8,269$7,795$7,348$5,982
7 years$7,898$7,368$6,872$6,409$5,976$4,679
8 years$6,841$6,315$5,828$5,376$4,958$3,728
9 years$6,019$5,499$5,019$4,579$4,175$3,012
10 years$5,362$4,847$4,376$3,947$3,557$2,460
11 years$4,825$4,315$3,853$3,435$3,060$2,025
12 years$4,378$3,873$3,419$3,013$2,651$1,678
13 years$3,999$3,500$3,055$2,660$2,312$1,398
14 years$3,676$3,181$2,745$2,361$2,027$1,169
15 years$3,395$2,906$2,478$2,106$1,784$982
16 years$3,150$2,666$2,247$1,886$1,577$826
17 years$2,934$2,456$2,044$1,694$1,398$697
18 years$2,742$2,269$1,866$1,527$1,243$590
19 years$2,571$2,103$1,709$1,380$1,108$499
20 years$2,416$1,954$1,568$1,250$990$424
21 years$2,277$1,820$1,442$1,134$886$360
22 years$2,151$1,699$1,329$1,031$794$306
23 years$2,035$1,589$1,227$939$713$260
24 years$1,930$1,489$1,135$856$641$221
25 years$1,833$1,397$1,051$782$576$189
26 years$1,744$1,313$975$715$519$161
27 years$1,661$1,236$905$655$468$137
28 years$1,585$1,165$842$600$422$117
29 years$1,514$1,099$783$550$381$100
30 years$1,447$1,038$730$505$345$85
31 years$1,385$981$680$464$312$73
32 years$1,328$928$635$426$282$62
33 years$1,273$879$593$392$255$53
34 years$1,222$833$554$360$231$45
35 years$1,174$790$518$332$209$39
36 years$1,129$750$484$306$190$33
37 years$1,087$712$453$282$172$28
38 years$1,046$677$424$260$156$24
39 years$1,008$644$398$239$141$21
40 years$972$612$373$221$128$18
41 years$938$583$349$204$116$15
42 years$905$555$328$188$105$13
43 years$874$529$308$173$96$11
44 years$845$504$289$160$87$9
45 years$817$481$271$148$79$8
46 years$790$459$255$137$72$7
47 years$764$438$239$126$65$6
48 years$740$418$225$117$59$5
49 years$717$399$211$108$54$4
50 years$694$381$199$100$49$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $711,000, adding $3,010 every year, while hoping to spend $44,254 every year in retirement. These numbers increase with inflation.
Reality usually performs much different than the expected returns. This uses historical averages, but anything can happen. In general, riskier investments have greater returns on average, but more volatility in the short term.
Age Total: 100% Stocks Total: 100% Bonds Total: 100% Cash Total: 51/42/7 Blend
34$711,000$711,000$711,000$711,000
35$786,627$748,944$737,923$825,222
36$819,777$738,556$715,558$841,420
37$854,825$726,176$690,960$853,995
38$891,918$711,660$664,008$866,611
39$931,217$694,854$634,575$879,282
40$972,896$675,597$602,528$892,026
41$1,017,147$653,717$567,729$904,865
42$1,064,180$629,033$530,032$917,825
43$1,114,223$601,353$489,285$930,942
44$1,167,529$570,474$445,331$944,254
45$1,224,370$536,181$398,003$957,810
46$1,285,049$498,246$347,129$971,666
47$1,349,894$456,431$292,528$985,888
48$1,419,268$410,480$234,012$1,000,556
49$1,493,565$360,126$171,383$1,015,757
50$1,573,221$305,084$104,437$1,031,599
51$1,658,712$245,056$32,959$1,048,200
52$1,750,562$179,725$0$1,065,699
53$1,849,344$108,756$0$1,087,492
54$1,955,689$31,797$0$1,113,359
55$2,070,289$0$0$1,141,064
56$2,193,905$0$0$1,194,671
57$2,327,371$0$0$1,268,474
58$2,471,606$0$0$1,348,291
59$2,627,619$0$0$1,434,688
60$2,796,518$0$0$1,528,287
61$2,979,523$0$0$1,629,772
62$3,177,973$0$0$1,739,895
63$3,393,344$0$0$1,859,482
64$3,627,255$0$0$1,989,444
65$3,881,491$0$0$2,130,782
66$4,158,013$0$0$2,284,596
67$4,458,980$0$0$2,452,098
68$4,786,766$0$0$2,634,621
69$5,143,984$0$0$2,833,633
70$5,533,512$0$0$3,050,747
71$5,958,513$0$0$3,287,742
72$6,422,473$0$0$3,546,573
73$6,929,228$0$0$3,829,395
74$7,482,998$0$0$4,138,579
75$8,088,434$0$0$4,476,735
76$8,750,652$0$0$4,846,737
77$9,475,288$0$0$5,251,751
78$10,268,547$0$0$5,695,262
79$11,137,262$0$0$6,181,107
80$12,088,957$0$0$6,713,514
81$13,131,920$0$0$7,297,137
82$14,275,277$0$0$7,937,104
83$15,529,079$0$0$8,639,060
84$16,904,397$0$0$9,409,226
85$18,413,425$0$0$10,254,451
86$20,069,595$0$0$11,182,282
87$21,887,701$0$0$12,201,031
88$23,884,040$0$0$13,319,855
89$26,076,565$0$0$14,548,839
90$28,485,054$0$0$15,899,096
91$31,131,291$0$0$17,382,867
92$34,039,279$0$0$19,013,638
93$37,235,458$0$0$20,806,265
94$40,748,959$0$0$22,777,117
95$44,611,874$0$0$24,944,228
96$48,859,563$0$0$27,327,465
97$53,530,980$0$0$29,948,718
98$58,669,045$0$0$32,832,106
99$64,321,047$0$0$36,004,200
100$70,539,088$0$0$39,494,280